India Cements has secured approval from the National Company Law Tribunal, Chennai, for its Scheme of Amalgamation involving four wholly owned subsidiaries. The appointed date for the scheme is set as 1st January 2025.
The subsidiaries involved in the amalgamation are ICL Financial Services Limited, ICL International Limited, ICL Securities Limited, and India Cements Infrastructures Limited. The tribunal’s order was made available on its website on 12th March 2026, although the certified copy of the order is still awaited. Once received, India Cements will file the certified order with the Registrar of Companies, Chennai, to effectuate the scheme.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.